Applicaster today announced that it has raised $10.5 million in a Series B funding round, led by Pitango Venture Capital; this brings the company’s total funding to $18.5 million.
In 2014 we covered Applicaster’s partnership with FremantleMedia on a ‘Master Athletes’ app, with MediaCorp on ‘Toggle Now TV,’ a World Cup app for MegaFon, and an app for Mediaset Espana for the Spanish version of ‘Survivor,’ to name a few. In addition to these companies, Applicaster has also provided app solutions for Univision, Endemol, Talpa, Televisa, Telefe, and Fox International,
“The continuous evolution in the TV industry and mobile viewing habits present an immense growth potential for Applicaster’s offering, said Isaac Hillel, Managing General Partner, Pitango Venture Capital, who has also joined Applicaster’s Board of Directors. “The company is transforming TV shows into an emotional and exciting experience that viewers are connected to all week.”